St.George Variable Home Loan

Terms and Conditions

The general information on our website is prepared without knowing your personal financial circumstances. Before you act on this general information, please consider if it's right for you.

1. The following interest rate discounts are only available in Advantage Package for Standard Variable Rate Loans and Portfolio Variable Rate Loans. Standard interest rate discount, for loans between $100,000 and $149,999, of 0.25% p.a. discount will be applied; for loans between $150,000 to $249,999, 0.50% p.a. discount will be applied; for loans between $250,000 and $499,999, 0.70% p.a. discount will be applied. No discount applies for loans below $100,000. Special interest rate discounts for loans greater than $500,000, for new packaged loans and loan amounts applied for between 21 March 2012 and 31 May 2012, 0.80% p.a. discount will be applied. Special rate discounts include the standard Advantage Package discount of 0.70% p.a. discount and do not apply to internal refinances and are not transferrable between loans. Advantage Package annual fee, currently $395, is payable from an eligible St.George transactional account.

2. If you purchase both home and contents insurance with St.George you receive a 10% discount on premiums. The offer only applies to St.George customers. Home and Contents Insurance is issued by Westpac General Insurance Limited ABN 99 003 719 319 (WGIL). WGIL is a subsidiary of Westpac Banking Corporation ABN 33 007 457 141 (Bank). The insurance policy is not an investment in or deposit with the Bank. Neither the Bank nor any member of the Westpac Group (other than WGIL) guarantees this policy. If you select Quality or Premier Care Contents, the Domestic Workers Compensation cover is issued by Allianz Australia Insurance Limited ABN 15 000 122 850 in WA, TAS and the ACT. St.George Bank receives a commission of up to 20% of the premium (exclusive of government charges) when we arrange for the issue of Home and Contents Insurance. This information has been prepared without taking into account your personal objectives, financial situation or needs (your personal circumstances). Because of this, you should consider the appropriateness of this information taking into account your personal circumstances. Before applying for insurance, you should consider the Financial Services Guide, and the Product Disclosure Statement and policy wording (PDS) to see if its right for you. Conditions, limits and exclusions apply and are explained in the PDS.

3. FASTReif is not available on new property purchases, in conjunction with Family Pledge, or on Building, Relocation, Seniors Access or Bridging loans. No addition to or change of ownership of the security. Residential security only, not available on old system title or company title. Outgoing Financial Institution needs to be either a Bank, Building Society or Credit Union (account must have a BSB and account number to facilitate the electronic payment of funds). No encumbrances are to exist on title which can prevent the Bank from registering mortgage in 1st priority. To allow full release of security, any linked debts to the mortgage needs to be repaid at settlement. e.g. Car Loans, Credit Cards, Overdrafts, Bank Guarantees. Subject to execution of all loan documentation. Terms and conditions available on request. Normal credit criteria, fees and charges apply. FASTReif is a registered trademark of First Time.

^ This offer is available on applications received from 21 March 2012 to 31 May 2012 and settled by 15 July 2012 under the Advantage Package. You must hold a St.George transaction account and direct debit your repayments in order to receive the rebate. You must nominate a St.George home loan or deposit account for the $700 payment to be deposited into. Where no account is nominated prior to settlement, the payment will be made into the new home loan account at settlement. The $700 payment only applies to new personal or investment home loan applications for secured borrowings of $250,000 or more where the loan purpose is to refinance. Offer is not available for loan refinances of existing St.George home loans, BankSA, and Bank of Melbourne home loans. An annual Advantage Package fee currently $395, applies. This offer is limited to one home loan application (including single or multiple applicants) and cannot be used in conjunction with any other offer. Conditions, fees and charges apply and are available on request.